Page 2 - Shanghai

Shaky scaffolding: Why is China's real estate sector facing a crisis?

Big property developers in China, like Evergrande, are facing a massive shortfall of money, dragging down the sector along with the home demand and prices

Covid discrimination in China can cost recovered patients jobs, homes

A history of infection stored in the health apps that track each person in China can be found by employers, threatening job prospects

China's Covid zero policy could last for years as it works for Xi

It's 2025 in Beijing, five years since the start of the pandemic, and Chinese President Xi Jinping's Covid Zero policy is still an inescapable part of daily life

Sony sees 3% rise in profit despite waning interest in video games

Sony's profit edged up 3 per cent in the last quarter, weathering production setbacks from COVID-19 lockdowns in Shanghai and a trend away from video gaming as pandemic restrictions eased elsewhere

China's economy strengthens in July despite housing crisis, covid woes

The center of China's covid outbreak has shifted over the last month, with cases low in Shanghai and surrounding provinces but rising elsewhere, with some new lockdowns and restrictions being imposed

China's economy grows 0.4% in June quarter, set to miss fiscal target

China's economy logged a 2.5 per cent YoY growth in the first half of 2022, official data showed on Friday

Heatwaves hammer megacities in China's Yangtze basin, strain power grid

Over 90 red alerts issued across China for high temperatures; Shanghai issues red alerts, rare for the city; power load on grids hits record in seven provinces, regions

China's manufacturing activity improves after factories in Shanghai reopens

China's manufacturing activity improved in June after anti-virus controls that shut down Shanghai and other industrial centers were eased, a survey showed Thursday

China's easing Covid curbs spark travel inquiry surge, and caution

Unexpected moves mark a significant easing of rigid curbs that have severely curtailed travel and battered China's economy, although tough measures remain in place including a scarcity of intl flights

China registers 13 new locally confirmed Covid-19 cases in last 24 hours

China reported 13 locally transmitted confirmed Covid-19 cases, including three in Beijing and nine in Shanghai and one in Inner Mongolia Autonomous Regions in the past 24 hours

China's zero Covid policy & India's opportunity

India must suitably reorient its trade policy to take advantage of China's persistence with lockdowns

Even without a lockdown, Beijing's economic activity declined in May

Industrial output in the capital city dropped nearly 40% in May, worse than Shanghai's almost 28% drop

China reports 14 fresh local Covid-19 infections, 10 logged in Shanghai

China reported 14 locally transmitted confirmed COVID-19 cases, including four in Beijing and 10 in Shanghai in the past 24 hours, according to the National Health Commission's report Monday.

China re-imposes Covid-19 restrictions just weeks after reopening

Beijing reported 45 new local cases on Monday afternoon, after having single digit cases on most days last week

Mass Covid testing announced for Beijing district amid 'ferocious' outbreak

City health officials said that so far there have been 166 confirmed cases linked to the outbreak that began at the Heaven Supermarket bar in the Sanlitun area on Thursday, 145 of them bar patrons

Panic buying triggered in Shanghai as mass Covid-19 testing returns

The mass testing announcements sparked fears of a return to stringent, prolonged lockdown among Shanghai residents, many of whom had been confined to their homes for two months or more since March

Shanghai kicks off new round of mass Covid testing, Beijing cases jump

China's commercial hub of Shanghai began a round of mass Covid-19 testing for nearly all of its 25 million residents hile Beijing reported a spike in cases

Aluminium prices hit near 6-month low on China lockdowns, growth fears

Three-month aluminium on the London Metal Exchange (LME) slid 2.8% to $2,685 a tonne by 1400 GMT after touching the lowest since December last year

As FDI gets pricey, China rushes to calm frustrated foreign investors

In recent weeks, Chinese leaders, while denying that there is an exodus of foreign firms, are putting more emphasis on the concerns of foreign investors and have pledged to support them

Why is Ludhiana's apparel industry staring at losses?

Ludhiana's apparel industry, which churns out most of the country's readymade garments, is losing revenue. Two months of lockdown in China's Shanghai has brought the industry on its knees.